Perham Area Activity Center
Analysis
Perham Area Activity Center is a registered charity in United States, based in Perham, MN. It received its IRS tax-exemption ruling in November 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Perham Area Activity Center reported income of $1.0m and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.0m (+1.1%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 114% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Perham Area Activity Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Heal Inc ($1.0m), Yeshiva Chayei Olam ($1.0m) and Siena Retreat Center Inc ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $122k (11% of expenses). Other salaries and wages came to $472k. At year end it held assets of $2.0m against liabilities of $1.6m, net assets of $419k. It reported 55 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 14%
- Other 4.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Heal Inc | Birmingham | $1.0m |
| Yeshiva Chayei Olam | Lakewood | $1.0m |
| Siena Retreat Center Inc | Racine | $1.0m |
| Wellesley Montessori School Inc | Wellesley | $1.0m |